MPC expected to maintain status quo in February meet.
To Cut or Not to Cut
The RBI will begin its bi-monthly Monetary Policy Committee (MPC) meet on February 4th and will announce its decision to hold, increase or cut interest rates on February 6th.
Most economists expect the Central Bank to maintain a status quo. They, however, remain divided on whether the RBI will continue to retain the 'accommodative' stance.
The RBI had cut rates by 135 basis points over five straight meetings last year, before taking the markets by surprise in December when it held the repo rate steady at 5.15% due to growing concerns over inflation. [BS]
Here are five things to know about the six-member MPC and the policy meet to be held today onwards.
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